Logistics (MENA) 
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Updates on aviation, zones, and shipping from the UAE, Saudi Arabia, and Egypt
Stories on our radar this morning from around the region
Borouge, Adnoc L&S form petrochemicals exports partnership
The partnership will see Adnoc L&S transport 70% of Borouge’s annual output and is expected to generate USD 531 mn
Asyad adds two VLCCs to fleet for OMR 206 mn
PLUS: Adnoc L&S added its second of six liquefied natural gas carriers ordered to its fleet.
1Q earnings from Adnoc L&S and Talabat
Adnoc L&S saw a 5% net income dip, while Talabat saw a 24% uptick
TODAY: e& divests from data center firm Khazna + A new UAE logistics player to invest in India
What we’re tracking this morning regionally and around the world
A flurry of FY 2024 earnings reports from UAE logistics players
Earnings reports from Adnoc L&S, Aramex, and NMDC largely showcase solid performances for FY2024.
Updates on shipping, trade, debt, and aviation from KSA, UAE, Egypt, Jordan and Iraq
Stories on our radar this morning from around the region
TODAY: Qatar’s Meeza lands financing for data center expansion
What we’re tracking this morning regionally and around the world
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